Russian c.bank, ahead of G20, urges balanced action

MOSCOW Feb 13 (Reuters) - The central bank of Russia, host
of this week's meeting of Group of 20 finance officials in
Moscow, urged joint action to achieve balanced global growth and
called on nations not to resort to trade protectionism and
competitive currency devaluations.

"The temptation arises to solve the problem of growth
through local individual action," said Alexei Ulyukayev, first
deputy chairman of the Bank of Russia.

"The temptation arises of trade protectionism, currency
wars, artificially depressing the exchange rate of national
currencies."